Saturday 30 August 2014
 
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Bahrain signs $33m water project contracts

Bahrain has signed BD13 million ($33.8 million) contracts with two local companies for the installation of ground storage tanks as part of the second phase of its water transmission development project, which is financed by the Kuwait Fund for

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Egypt wants to be 'logistics hub' for grain storage

Egypt, the world's largest wheat importer, wants to be a ‘global logistics hub’ for grain storage by securing its own strategic reserves and exporting locally made flour to other Arab states, the supply minister said on Tuesday

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Microsoft raises cloud pitch, targets Dropbox

Microsoft Corp said it will increase its cloud storage offering for business users by 40-fold as the world's largest software company makes a case for businesses buying an all-in-one product from itself rather than buying technology "pi

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Huawei debuts ‘smarter’ storage solution

Huawei, a leading global ICT solutions provider, has revealed new plans to help organisations across the Middle East meet rising demands for a more secure and flexible data storage solution for mission-critical assets.  

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Sandisk registers solid growth in Saudi

SanDisk, a global leader in flash memory, has registered a solid 64 per cent year on year growth in Saudi Arabia from 2012 to 2013 driven by a growing appetite for flash-based storage device in the region. Coupled with this succes

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Egypt has enough wheat to mid-June

Egypt's strategic stock of wheat is enough to last until June 15, the supplies minister said, reassuring the market while he also raised the longer-term target for storage capacity as it moves to become more self-sufficient. M

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US firm wins $70m Saudi Petrofac EPC contract

US-based energy infrastructure firm CB&I has been awarded an engineering, procurement and construction (EPC) contract worth more than $70 million by Petrofac Saudi Arabia. The project scope includes the EPC of crude oil storag

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Seagate unveils open storage platform

Seagate, a leader in storage solutions, has unveiled its open storage platform to simplify enterprise data management. The Seagate Kinetic also aims to lower total cost of ownership of the average cloud infrastructure by up to 50

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Iraq to store 4m barrels of crude in Korea

Iraq plans to store 4 million barrels of crude in South Korea, the country's oil minister said on Wednesday. "The reason we are storing it in Korea is it to be near the markets - the Asian markets," Oil Minister Abdu

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Cluttons acquires 2 sites in BIW for Genco

Cluttons, the real estate developer, said it has acquired two prime sites within the Bahrain Investment Wharf development in Hidd, on behalf of a leading client. Genco Infrastructure Solutions has leased the properties to meet the

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